Lucy P. Marcus

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Last week the UK’s Financial Services Authority (FSA) released a report on the near collapse of Royal Bank of Scotland (RBS), the overambitious institution that took over ABN Amro and then had to be bailed out by the British government to the tune of £45 billion ($70 billion) in 2008. It is one of several financial institutions around the world that have encountered serious difficulties in the past several years, but this report is particularly edifying.

Author Profile

Lucy P. Marcus is a board chair and non-executive director. The CEO of Marcus Venture Consulting, she is also Professor of Leadership and Governance at IE Business School, and has received the Thinkers 50 “Future Thinkers” Award. She can be found on Twitter at @lucymarcus.